Is Itasca, TX 76055 a buyer’s or seller’s market?
Itasca is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 6% of U.S. ZIP codes, and #732 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Itasca housing market right now
In the three months ending August 31, 2026, 0% of homes in Itasca, TX 76055 sold above their list price, the typical home went under contract in 170 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (163 days then) and the median sale price held steady to $209,899. Overall, Itasca is about as competitive as it was a year ago.
Within Hill County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Itasca ranks #732 of 868 TX ZIP codes with enough sales (score 13 out of 100).
Nearby, Mount Calm 76673 (25% sold over asking) and Hillsboro 76645 (15% sold over asking) are even more competitive.
Run the numbers for 76055
Nearby markets
Abbott 76621Balanced $201 /sq ftAquilla 76622Buyer’s market $174 /sq ftBlum 76627Buyer’s market $93 /sq ftBrandon 76628 — /sq ft Browse all markets →Towns like Itasca nearby
Find towns like Itasca in other states →Where Itasca is
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Questions about Itasca real estate
Is Itasca a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in Itasca, TX 76055 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Itasca?
The typical home went under contract in 170 days in the latest three months.
Do homes in Itasca sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Itasca?
About 1.16% of a home’s value a year in Hill County, or roughly $4,640 on a $400,000 home.
What is the median home price in Itasca?
The median sale price was $209,899 in the three months ending August 31, 2026, about $152 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology